Increased Research in the Pharmaceutical and Biotechnological Arenas Propels the Protein Purification Market
The growing need to identify new ligands and rapid purification kits is driving research and growth in the European protein purification markets. The increasing requirement for the production of more proteins, especially poorly characterised proteins, is forcing laboratories to look for better expression systems and automated solutions to meet their demands. Hence, researchers are creating a very strong and sustainable need for new research tools and kits to rapidly screen, prepare, purify and concentrate protein samples. This rising demand to produce more proteins within faster timelines is likely to continue upholding the growth of this market through 2014. Manufactures are finding growth opportunities in novel research products and are focusing to develop rapid kits to attract new target customers such as molecular biologists.
'Today, the market for protein purification products in Europe is well established and participants are increasingly innovating columns, filters and kits to meet the demands of both proteomics and genomics researchers,' cites the analyst of this research service. 'Although the market is slowly reaching maturation due to well-established technologies, improvements in the product efficiency, refinements in the existing product lines and adoption by new end-user groups (genomics researchers) can continue driving market growth.'
Participants Can Gain Market Foothold by Reducing R&D Costs and Building Strategic Alliances
The marketplace for protein purification products is very crowded and fragmented in Europe, thereby making it least attractive. But, strong IP laws and the constant need for new and enhanced rapid purification products and automation solutions encourage innovative players to enter this market. However, soaring R&D costs hamper efforts to constantly innovate and refine the product offerings.
Hence, aspiring and budding participants must develop strategic alliances with innovative companies to hold the revenue curve upright. They can explore new opportunities and applications in this market by keeping a watchful eye on these technology-focused companies. Another approach to keep R&D expenses in check is to set up R&D units in countries such India and China, which have good knowledge pool and quality labour at lesser cost. 'Manufacturers can benefit by adopting both these approaches as companies can develop their own internal capabilities and augment it with new alliances,' remarks the analyst.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By geographical region:
- The United Kingdom
- Germany
- France
- Italy
- Spain
- Scandinavia (Sweden, Finland, Norway and Denmark)
- Benelux (Belgium and the Netherlands)
By product segmentation:
- Protein membrane filtration
- Protein chromatography
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